The government had imposed a lockdown to curb the spread of the pandemic but this impacted economic and commercial activities and resulted in job loss and later on the exodus of migrant workers which rocked the entire nation

Jobs are back in the market with a strong recovery in India's formal employment numbers (EPFO payroll) indicating a bounce back from the lows of March and April 2020 due to Covid-19 lockdown

In Jan 2021, 13.35 lakh new jobs across age groups were registered with EPFO-highest since Sep 2017

Despite the pandemic, EPFO added around 62.49 lakh subscribers during the first tens month of the ongoing fiscal year. During 2019-20, the number of net new subscribers rose to 78.58 lakh as compared to 61.12 lakh in the preceding fiscal

The total withdrawal from EPF account stood at Rs 73,498 crore between April and December 2020 compared to Rs 55,125 crore during the same period last year

While the EPF contribution is deposited every month, the interest is calculated at the end of the year.

MNS leader Haji Saif Shaikh, who led a protest to Karachi Bakery demanding to change the name, has claimed responsibility for the shutdown of an almost 70-year-old bakery

The Union Ministry of Road Transport and Highways (MoRTH) has provided online facilities for 18 services, including driving licence renewal, learner's licence, and duplicate licence

The EPFO's central board of trustees, who met in Srinagar, ratified the rate after assessing earnings and financial positions. The meeting was chaired by Labour and Employment Minister Santosh Kumar Gangwar

The EPFO has settled 60.88 lakh COVID-19 withdrawal claims and disbursed Rs 15,255.95 crore to subscribers during the pandemic till January 31, 2021, Labour Minister Santosh Gangwar said in a written reply in the Lok Sabha

One HNI had Rs 103 crore in PF account, followed by another with Rs 86 crore held in such account, government sources said.

Union Budget 2021: Last year, the government had announced a slew of other measures for salaried class when the coronavirus outbreak began in the country. For instance, the Centre decided to pay 24 per cent to EPF account of employees till August 2020 for establishments with up to 100 employees

Union Budget 2021: Some of the experts have clearly stated that the government is unlikely to make any changes in the income tax slab, but some others have anticipated a relief under Section 80C and 80D

Presenting the Economic Survey of India, CEA KV Subramanian said that the imposition of a stringent lockdown in the country saved lakhs of lives and helped faster recovery of the economy

Economic Survey 2021: The net payroll data of EPFO shows a net increase of new subscribers in EPFO of 78.58 lakhs in 2019-20 (as on December 20, 2020) as compared to 61.1 lakhs in 2018-19

Around 38.50 million new subscribers joined the EPF scheme during September 2017 to November 2020, with around 45 million subscribing to the ESI scheme and over 2 million contributing towards national pension scheme, shows NSO data

The pandemic has brought a realisation that we need greater public health infrastructure so that we are ready for any calamity of this order in the future

The quantum of disbursement is indicative of the stress on formal sector workers that led to job loss, pay cuts and forced migration

The guidelines issued by the ministry regarding FASTags pertain to the process of toll-collection. All vehicles passing through a toll plaza need to have the FASTag affixed to their windshields

The official also informed that EPFO has already begun depositing interest amounts into members' bank accounts at the direction of Labour Ministry